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that's a scrooge christmas. >> president obama in a factory outside philadelphia today, pushing his financial plan. make no mistake, it's all about your tax bills and if washington can make a deal before you start paying more. with me is democratic strategist marjorie cliften and gerri jacobus. welcome to you both. listening to john boehner today and the president, it's pretty clear there's no deal anywhere near being settled here. i don't know about you, i'm just getting really bored with it. why don't they just get round a table and get it done? let me start with you gerri. >> i think the president going to pennsylvania to the tinker toy plant on a campaign stop essentially is probably not going to go over as well as he thinks it does, particularly since we thought we were done with that. we just went through it a few weeks ago. thought campaign stops were over and he inflicts this on us again. the american people expect him to sit down with the republicans in congress and work this out. now, a year ago or so, last year, he agreed to $800 billion in tax hikes. that's kind of where the numbe
that's a scrooge christmas. >> president obama in a factory outside philadelphia today, pushing his financial plan. make no mistake, it's all about your tax bills and if washington can make a deal before you start paying more. with me is democratic strategist marjorie cliften and gerri jacobus. welcome to you both. listening to john boehner today and the president, it's pretty clear there's no deal anywhere near being settled here. i don't know about you, i'm just getting really bored...
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president obama wants to plug that trillion dollars hole by raising taxes on household incomes, as we all know that have incomes over $250,000. the top 2%. that would bring in $802 million, $82 billion. that's about 8% of that deficit. so does that suggest w have a tax problem or, perhaps, a spending problem? think about this. taxpayers making more than $250,000 representing the top 2% paid more than 46% of all texas. that would seem like a pretty fair deal to most of us, but the president says it is not fair. we don't know what that number is. how much should it be? and contrary to what the president would have you believe as he campaigns untack sites all around the country and against the wealthy, he's doing a lot of that. the bush tax rates are not the root of our problems. in fact, individual tax payments rose, get this, $2,303,000,000,000 or 26%. over the past two years. under those very low unshared bush tax rates with the difficult slope but a growing economy we still added $233 billion to the federal revenue. here is what happens if obama drives us off the cliff. that 82 billi
president obama wants to plug that trillion dollars hole by raising taxes on household incomes, as we all know that have incomes over $250,000. the top 2%. that would bring in $802 million, $82 billion. that's about 8% of that deficit. so does that suggest w have a tax problem or, perhaps, a spending problem? think about this. taxpayers making more than $250,000 representing the top 2% paid more than 46% of all texas. that would seem like a pretty fair deal to most of us, but the president says...
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. >> obama came to the table with 1.6 trillion in tax increases and no spending cuts. he seems very confident he can bum rush them into a bad deal. i think that's because there's a sense out there, probably from the last two times these guys tangled, that the republicans are unwilling to in this case to allow themselves to go over the cliff. if you're in a negotiation where your opponent knows that you're unwilling to have that kind of aout come then they've got you right where they want you. i feel like obama thinks he's got the republicans right where he wants them. >> senator hutchson, the republicans were on the short end of the election to be sure. the point i'm making, your leader, senator mcconnell, came out with a pretty good reform planned to regarding medicare for example. i thought that was a very sensible entitlement reform. then he said we can talk revenues. why can't the gop go down that road, get house speaker boehner on there and see how white house reacts to this? >> i think mitch is doing that. as you know, i have a social security reform proposal tha
. >> obama came to the table with 1.6 trillion in tax increases and no spending cuts. he seems very confident he can bum rush them into a bad deal. i think that's because there's a sense out there, probably from the last two times these guys tangled, that the republicans are unwilling to in this case to allow themselves to go over the cliff. if you're in a negotiation where your opponent knows that you're unwilling to have that kind of aout come then they've got you right where they want...
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Dec 3, 2012
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there's $1 trillion of obama care taxes hitting in the next several years, many of them major taxes. if you have a flexible savings account on january 1 -- this isn't the fiscal cliff. this is what obama has already baked into the cake. your flexible savings account will be trashed by taxes. millions of special needs families will find their taxes go up. if you're really sick, you can't deduct as much of your health care costs as you used to. these are all the ways that obama's raising taxes, $1 trillion, $1.1 trillion, over the next decade. five major taxes. his new taxes are not off the table. they hit directly into the middle class. medical devices. when you go to the hospital, medical devices like riding in a wheelchair will get more expensive because of this tax. i mean, these taxes are damaging. he wants to make them permanent. >> i think grover knows that the major source of additional taxes is part of the affordable care act is asking higher income individuals over $250,000 to pay higher capital gains and more on their medicare contribution. that was the bulk of the taxes. so
there's $1 trillion of obama care taxes hitting in the next several years, many of them major taxes. if you have a flexible savings account on january 1 -- this isn't the fiscal cliff. this is what obama has already baked into the cake. your flexible savings account will be trashed by taxes. millions of special needs families will find their taxes go up. if you're really sick, you can't deduct as much of your health care costs as you used to. these are all the ways that obama's raising taxes,...
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all ten of the highest tax states wept for president obama in 2012 and eight of the lowest tax states were for romney. that would be a particularly tough tax for blue states. them. charitable contributions. this is the most sensitive to tax incentives. you have to live somewhere, you need a home and it is hard it move it a new state because taxes went up. you don't need to give to charity. people give to charity because they want to and also, let's be real, because the government encourages through the tax code. it is reported in bloomberg in 2009 households with incomes of more than $200,000 claimed almost $60 billion in charitable deductions or 20% of total charitable giving in the u.s. that year. he goes on to site one study that found charitable donations are cut almost dollar for dollar to the increase in the donor's tax bill. so that could be a $60 billion cut to charity coffers. other studies said it could be half that though still likely in many billions of dollars of cuts to charities. that is the reality behind base broadening rate lowering tax reform. not magic. more of a m
all ten of the highest tax states wept for president obama in 2012 and eight of the lowest tax states were for romney. that would be a particularly tough tax for blue states. them. charitable contributions. this is the most sensitive to tax incentives. you have to live somewhere, you need a home and it is hard it move it a new state because taxes went up. you don't need to give to charity. people give to charity because they want to and also, let's be real, because the government encourages...
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seth, president obama's plan is advocating tax increases but almost no net spending cuts. how do you resolve this crisis without cutting spending significantly? >> well, i don't think that's true at all. there's substantial spending cuts. i mean, first of all, we've already cut spending by $1.5 trillion as part of the first part of this deficit reduction framework. also in his offer is another $400 billion in cuts, targeted cuts to health care programs. i really think that we shouldn't, like you said, take the knife to fundamental programs like medicare and social security. the president's plan is the plan he presented to the american people and won the election on. certainly, the plans they would cut or fundamentally restructure medicare, those proposals -- >> i don't think that's what we're talking about, seth. >> does that do anything to the debt? >> that's a great question, maria. that's the biggest challenge with this proposal that the president put out. he's actually talking about new spending. additional payroll benefits, additional unemployment benefits. his very p
seth, president obama's plan is advocating tax increases but almost no net spending cuts. how do you resolve this crisis without cutting spending significantly? >> well, i don't think that's true at all. there's substantial spending cuts. i mean, first of all, we've already cut spending by $1.5 trillion as part of the first part of this deficit reduction framework. also in his offer is another $400 billion in cuts, targeted cuts to health care programs. i really think that we shouldn't,...
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$250,000. >> do you support obama having the power to increase the debt limit? >> can you clarify something? when he talk about trillions of dollars in cuts [indiscernible] >> in the budget control act, it calls for over $1 trillion in cuts. >> the president opposed to propose of wedlock in a certain amount for entitlement programs. do democrats support that? >> first of all, we do democrats, saw savings in medicare of over $700 billion and affordable care act. we use that money to strengthen medicare and extend its life for almost a decade and to increase benefits for seniors now. is there more opportunity for that? yes. but not at the expense of an official years. there have been all kinds of -- but not at the expense of beneficiaries. >> st. mary's hospital is a catholic institution in san francisco. should they be required to adjust to this new health plan? >> the compromise is a reasonable one. >> madame leader? >> yes. >> would you support that if it is part of the package? >> i want the middle class to get a break. i would hope we could get the middle inc
$250,000. >> do you support obama having the power to increase the debt limit? >> can you clarify something? when he talk about trillions of dollars in cuts [indiscernible] >> in the budget control act, it calls for over $1 trillion in cuts. >> the president opposed to propose of wedlock in a certain amount for entitlement programs. do democrats support that? >> first of all, we do democrats, saw savings in medicare of over $700 billion and affordable care act. we...
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folks who voted for governor romney agreed with obama, that taxes on the high-income folks had to go up. so the challenge on the republican side, and it is tough, is folks like kevin mccarthy did get elected. and in his district, his no-tax pledge worked for him. these guys are in a very tough spot because they know at the end of the day they're going to have to raise these taxes. but doing so will cause an immense amount of political pain. that's why in my view, it's probably likely that we won't get a deal before january 1st. but on january 3rd, the senate sends a bill over. where now we're voting on a bill to lower taxes. the norquist pledge becomes irrelevant. in fact, they comply with the norquist pledge by voting for a bill that would provide tax relief for 98% of americans. so i just think this is a very difficult political situation on the republican side. you know, the speaker clearly knows that revenues have to go up. and he doesn't have the leverage now. and we're back into brinksmanship politics. but bottom line, the cliff is really much more a slope, and we can act on th
folks who voted for governor romney agreed with obama, that taxes on the high-income folks had to go up. so the challenge on the republican side, and it is tough, is folks like kevin mccarthy did get elected. and in his district, his no-tax pledge worked for him. these guys are in a very tough spot because they know at the end of the day they're going to have to raise these taxes. but doing so will cause an immense amount of political pain. that's why in my view, it's probably likely that we...
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president obama has thrown down the gauntlet on taxes and while the gop is stomping its feet at making the wealthy to pay a bit more, he's making his pitch to the people. at a toy factory today, he warned them to play nice. >> joe biden was in costco. he wanted to buy some of this stuff. but i told him he had too much work to dochl i wasn. i told him he wasn't going to build roller coasters all day long. of course, santa delivers everywhere. i've been keeping my own naughty and nice list for washington. so you should keep your eye on who gets come kinects this year. there are going to be some members of congress who get them and some who don't. >> what sort of plan do you give the republican who won't agree with anything? this one, of course. the president is asking for a $1.6 trillion tax increase, $50 billion in economic stimulus, and the power to raise the debt limit without congressional approval. meanwhile, he will work the fine savings in entitlements. not to the man sitting on the naughty list. senator mcconnell said that he burst into laughter at the proposal. you know what is
president obama has thrown down the gauntlet on taxes and while the gop is stomping its feet at making the wealthy to pay a bit more, he's making his pitch to the people. at a toy factory today, he warned them to play nice. >> joe biden was in costco. he wanted to buy some of this stuff. but i told him he had too much work to dochl i wasn. i told him he wasn't going to build roller coasters all day long. of course, santa delivers everywhere. i've been keeping my own naughty and nice list...
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insurance benefits and the payroll tax cut. republicans literally laughed it off. >> they want... they want to have this extra spending that's actually greater than the amount they're willing to cut. i mean, it's... it's... was not a serious proposal. and so, right now, we're almost nowhere. >> reporter: across the capito republican senate leader mitch mcconnell told the "wall street journal" his party would be willing to bring in more tax revenues if the president agreed to tighten up the eligibility requirements for entitlements. mcconnell said that could mean higher medicare premiums for the wealthy, an increase in the medicare eligibility age and slower cost-of-living increases for social security. but he ruled out higher tax rates. most democrats have ruled out all of those cuts, arguing they would undermine the nation's most successful programs. the president asked for, but it appears republicans would be unlikely to agree to give the president the ability to raise the debt limit unless a super- majority in congress disap
insurance benefits and the payroll tax cut. republicans literally laughed it off. >> they want... they want to have this extra spending that's actually greater than the amount they're willing to cut. i mean, it's... it's... was not a serious proposal. and so, right now, we're almost nowhere. >> reporter: across the capito republican senate leader mitch mcconnell told the "wall street journal" his party would be willing to bring in more tax revenues if the president agreed...
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charles crowd hammer says president obama likes those tax rates so much let's let him live with them for everybody. >> what he will say is i wanted to do legislation to exempt the middle class, but the republicans wouldn't give me the bill. he is prepared, megyn, bluntly to sacrifice the interest of the larger whole to win a political fight. when i was working for clinton we did a deal with gingrich. there was never ever a sense that we would put politics ahead of getting a balanced budget. we got it, we won the election and this president is putting politics ahead of everything. megyn: if republicans give president obama the tax rates on the rich what do they have to negotiate with? why would they do it? >> i think president obama has the winning hand. >> he does. >> i'm not sure in the long term -- if there is a recession, either there won't be a recession or there will and the republicans will get the blame. that's and high wire act to do at this point. it's very risky from this kind of elect to take this. he could get 85% of what he wanted -- >> he's also gambling on one thing. t
charles crowd hammer says president obama likes those tax rates so much let's let him live with them for everybody. >> what he will say is i wanted to do legislation to exempt the middle class, but the republicans wouldn't give me the bill. he is prepared, megyn, bluntly to sacrifice the interest of the larger whole to win a political fight. when i was working for clinton we did a deal with gingrich. there was never ever a sense that we would put politics ahead of getting a balanced...
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she has gone more tax breaks since obama was president -- she pays a lower rate than she did for the past 60 years. guest: in terms of the retroactive applica
she has gone more tax breaks since obama was president -- she pays a lower rate than she did for the past 60 years. guest: in terms of the retroactive applica
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president obama rejected the latest proposal from john boehner. the president and the democrats are focused on revenue and they are determined to make sure that the top tax rates go up. >> unfortunately, the speaker's proposal right now is still out of balance. he talks, for example, about $800 billion worth of revenues, but he says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> harry reid wasted no time explaining why the boehner proposal is not serious. >> math. you can't get from here to there unless you raise the rates. that's why romney couldn't explain it during the presidential election. no one can explain it because you can't do it. >> jay carney says the speaker's plans raises more questions than answers. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and ferry dust. >> john boehner's heavy-handed approach to leadership, boehner and the republican steering committee kicked four republican congressmen out of the
president obama rejected the latest proposal from john boehner. the president and the democrats are focused on revenue and they are determined to make sure that the top tax rates go up. >> unfortunately, the speaker's proposal right now is still out of balance. he talks, for example, about $800 billion worth of revenues, but he says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> harry reid wasted no time explaining why the boehner proposal is...
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. >>> well, president obama making his case for raising taxes on the wealthy during a tour at the toy factory in pennsylvania today. but what are the chances of passing his plan into the divided congress? representative adam schiff is a democrat from california and is a member of the house appropriations committee as well. congressman, nice to have you here. welcome to "power lunch." >> thank you. great to be with you. >> we heard -- i'm sure you heard house speaker boehner's comments earlier today. the stock market didn't like it. he said basically there is a stalemate. we are almost nowhere. that is not good news as we approach the fiscal cliff. specifically, what areas would you be willing to compromise on in terms of spending or in terms of the tax proposals that are out there to try and get this thing solved? >> well, first of all, in terms of speaker boehner's comments, i think we have to recognize there is a certain choreography that goes on in a negotiation, as might be expected. after the leak the leadership got together and said the right things. then there's going to be a d
. >>> well, president obama making his case for raising taxes on the wealthy during a tour at the toy factory in pennsylvania today. but what are the chances of passing his plan into the divided congress? representative adam schiff is a democrat from california and is a member of the house appropriations committee as well. congressman, nice to have you here. welcome to "power lunch." >> thank you. great to be with you. >> we heard -- i'm sure you heard house...
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keep in mind, the senate is sitting there and they have passed a tax cut extension program that the obama administration wants and it would essentially lay the groundwork for getting a quick fix to this fiscal cliff. they could then move on to the spending cuts portion. >> sam stein, "huffington post," good to have you with us. >> go giants. >> stop that. >> had to do that. >> giants are okay. i like the packers better. remember to answer tonight's question question at the bottom of the screen. share your thoughts on twitter @edshow and on facebook. we always want to know what you think. >>> coming up, senate minority leader mitch mcconnell says democrats need to raise the eligibility age for medicare? obama care architect dr. zeke manual joins me to talk about what will happen if the parties don't come to a deal. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the differenc
keep in mind, the senate is sitting there and they have passed a tax cut extension program that the obama administration wants and it would essentially lay the groundwork for getting a quick fix to this fiscal cliff. they could then move on to the spending cuts portion. >> sam stein, "huffington post," good to have you with us. >> go giants. >> stop that. >> had to do that. >> giants are okay. i like the packers better. remember to answer tonight's...
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now, the craziness of the situation is president obama campaigned on raising taxes, a tax rate for the highest earners, and he could win on that right now. it is clear the republicans will cave. the republican nightmare is there is a stand off they go over the fiscal cliff, after all the tax rates go up and the president, of course, proposals to lowerren's -- lower everyone's taxes but the highest and if the republicans resist he will say the republicans are talking you from getting a middle-class tax cuts because they want to recollect their millionaire friends. if republicans are going to agree to higher tax rates for the highest bracket, do it quickly, and, then, president obama would be the one who is refusing it because he is throwing in all sorts of extra things like total executive branch control of the debt limit. >>neil: who came up with the $50 billion in new surplus spending in the middle of this? come on! >>guest: the question, it is an interesting offer, kind of an office that the president gave yesterday which was call it disrespectful, a disrespectful offer and the quest
now, the craziness of the situation is president obama campaigned on raising taxes, a tax rate for the highest earners, and he could win on that right now. it is clear the republicans will cave. the republican nightmare is there is a stand off they go over the fiscal cliff, after all the tax rates go up and the president, of course, proposals to lowerren's -- lower everyone's taxes but the highest and if the republicans resist he will say the republicans are talking you from getting a...
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president obama was on the wrong side of it then. definitely headed -- leading the country in a bad direction now. he had every reason to try to figure out a way to help the republicans, help get them to a deal so everyone could not have this anxiety leading up to the fiscal cliff. he is exacerbated the anxiety with the ridiculous plan. mitch mcconnell does not show emotion about anything ever. he has the best poker face. geithner's proposal must have been absurd that he laughed out loud would have been fan tast tic to see. >> andrea: there is a second stimulus. all spending and taxing. how would you feel if the republicans walked away? something you celebrate? >> bob: if they walked away permanently celebrate it particularly. look, the republicans, the question i've got here is why are you putting at risk all the things you talk about? the recession and the dire things, for the sake of people at the top 2%. i don't understand that. >> eric: you are not being fair. >> bob: what do you mean? >> eric: that there will be a recession if
president obama was on the wrong side of it then. definitely headed -- leading the country in a bad direction now. he had every reason to try to figure out a way to help the republicans, help get them to a deal so everyone could not have this anxiety leading up to the fiscal cliff. he is exacerbated the anxiety with the ridiculous plan. mitch mcconnell does not show emotion about anything ever. he has the best poker face. geithner's proposal must have been absurd that he laughed out loud would...
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we start with president obama digging in his heels about raising taxes on the wealthiest. senior administration official telling "the wall street journal" there will be no new offers until republicans allow tax rates to go up on top earners. this morning, the president accusing the gop of brinksmanship while republican senator orrin hatch said democrats are asking for too much. >> it's unacceptable for some republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the weltiest americans. >> what he proposed this week was a classic bait and switch on the american people. a tax increase double the size of what he campaigned on. >> joining me now nbc white house news correspondent mike viqueira. what can you make of this? fiscal cliff talks are they a nonstarter? >> i tell you, you listen to everything that is being said publicly. you see the president there. it's clear that the election, yes, is over. but the campaign goes on here. you know, i really believe that there two things that are clear from the white house to
we start with president obama digging in his heels about raising taxes on the wealthiest. senior administration official telling "the wall street journal" there will be no new offers until republicans allow tax rates to go up on top earners. this morning, the president accusing the gop of brinksmanship while republican senator orrin hatch said democrats are asking for too much. >> it's unacceptable for some republicans in congress to hold middle class tax cuts hostage simply...
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now speaking of new tax revenue, we just saw president obama in pennsylvania at a campaign style rally touring a toy factory, and then making a speech. president obama saying that this is all about the republicans holding the country hostage on behalf of tax cuts for the rich. take a listen to the president earlier today. >> a lot's riding on this debate. this is too important to our economy, it's too important for our families to not get it done and it is not acceptable to me and i don't think it is acceptable to you for just a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want tax rates on upper income folks to go up. >> reporter: now just minutes after that, speaker of the house, john boehner, the republican leader here on the house side of the capitol, took to the podium as sort of a downbeat speaker boehner saying that we are at an impasse here in washington in these negotiations. >> no, there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult. if you've watched me over the last three weeks, i've
now speaking of new tax revenue, we just saw president obama in pennsylvania at a campaign style rally touring a toy factory, and then making a speech. president obama saying that this is all about the republicans holding the country hostage on behalf of tax cuts for the rich. take a listen to the president earlier today. >> a lot's riding on this debate. this is too important to our economy, it's too important for our families to not get it done and it is not acceptable to me and i don't...
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taxes. and when he violated that pledge -- >> off with his head! ♪ >>> we begin with a very busy day in washington and an array of meetings that would put your average speed dating event to shame. as we know, politics sometimes makes strange bedfellows. in this case one unusual lunch day. this afternoon the president hosted his vanquished rival, mitt romney. no word yet on if mr. romney found the cookies up to his rig rouse standards or how many white house beers the president decided to drink. we're also holding out hope that a savvy waiter or waitress caught at least 47% of the lunch on cell phone video. while in washington romney also met with his former running mate, the marathoner paul ryan, and offered a few kind words about him to the press. >> mr. romney, how was your meeting with mr. ryan today? was it nice to see him? >> that's a greet friend. good to be with him. >> good to be with him? >> always great to see paul ryan. >> while today's lunch was perhaps an opportunity to shake
taxes. and when he violated that pledge -- >> off with his head! ♪ >>> we begin with a very busy day in washington and an array of meetings that would put your average speed dating event to shame. as we know, politics sometimes makes strange bedfellows. in this case one unusual lunch day. this afternoon the president hosted his vanquished rival, mitt romney. no word yet on if mr. romney found the cookies up to his rig rouse standards or how many white house beers the president...
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to bial theail them as far as obama taxing the rich, you notice he does not touch entitlements. most of the rich is going to get off on tax breaks so there will only be certain rich that will be taxed. host: from "the hill" this morning -- 40 something republican senators sent a letter to the president yesterday. they conclude by saying -- again, this is 40 something republican senators, a letter to the president yesterday. back to your calls on the future for an the rodham clinton. this is a democrat from ohio. caller: i am fine tha, thank yo. i think if we get through these next four years, hillary clinton would make a good candidate and a good president for our country. i think she would move the country continuously. she knows a lot about the foreign affairs. i think she would be a good candidate. host: thank you for calling in this morning. caller: i am still wondering what happened to all that money they found when they went in over to iraq. could you please get me an answer to that question? host: probably not in the next 30 seconds but that is a good question that you ha
to bial theail them as far as obama taxing the rich, you notice he does not touch entitlements. most of the rich is going to get off on tax breaks so there will only be certain rich that will be taxed. host: from "the hill" this morning -- 40 something republican senators sent a letter to the president yesterday. they conclude by saying -- again, this is 40 something republican senators, a letter to the president yesterday. back to your calls on the future for an the rodham clinton....
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the long-term consequences of president obama's tax policies would have a profound and negative affect. capital stock would fall. fewer jobs and lower wages resulting in higher taxes would harm the middle class. data reveals three important facts of high income earners. the taxes on the wealthy raise as much faster than on everyone else during economic booms, but they also fall much faster during economic bust. people report more income when tax rates are low and not when they are high. there are better ways to increase federal revenues than hiking tax rates. congress could enact a program of tax reform that would lower rates and eliminate interest reductions. the president could open up more federal lands and offshore areas for energy exploration. his administration could take a more balanced approach to new regulations. economic growth can help solve our fiscal problems if the economy had grown at the percentage as it has done in the past. the treasury could have collected an additional 650 billion dollars in fiscal year 2012. the deficit that would have fallen. still bad, but remark
the long-term consequences of president obama's tax policies would have a profound and negative affect. capital stock would fall. fewer jobs and lower wages resulting in higher taxes would harm the middle class. data reveals three important facts of high income earners. the taxes on the wealthy raise as much faster than on everyone else during economic booms, but they also fall much faster during economic bust. people report more income when tax rates are low and not when they are high. there...
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Nov 29, 2012
11/12
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CSPAN
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then no tax increases until 2009 when obama came in and raised taxes with obamacare. >> isn't this -- you are having republican is take a difficult pledge to cut taxes, isn't that like a quarterback saying they like taxes? --passes? >> it's a pledge not to increase taxes. people say why don't you toughen it. you don't want to change it because it is a simple guardrail. it doesn't solve the world's problems, it says no net tax increase. >> in your mind when someone signs it, how long are they committed to it? >> in writing when the person signs it as long as you are a congressman or senator. >> you are signing this for life? >> unless you intend to be a congressman for all of your life. >> a career decision. >> if someone tells you they are pro-life or pro-choice, is this 18 months or a year? how long are you pro-choice? you are telling someone who you are. i'm the kind of guy who is pro- choice or pro-life. two people have brought that up. latourette who decided to leave congress he said yeah i made that promise a long time ago and i went into district and talked about banks and mortg
then no tax increases until 2009 when obama came in and raised taxes with obamacare. >> isn't this -- you are having republican is take a difficult pledge to cut taxes, isn't that like a quarterback saying they like taxes? --passes? >> it's a pledge not to increase taxes. people say why don't you toughen it. you don't want to change it because it is a simple guardrail. it doesn't solve the world's problems, it says no net tax increase. >> in your mind when someone signs it,...
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Dec 7, 2012
12/12
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MSNBCW
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president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the november jobs report numbers. they look very good, good news overall for the koirnlt tree. but speaker boehner said this, the democrats plan to slow walk our economy to the edge of the fiscal cliff instead of engaging in serious talks to avert the cliff, that includes spending cuts and tax reforms the president once supported. the white house has only offered a joke. i understand we have speaker boehner to the microphones. let's take a listen. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. eight days ago secretary geithner came here to offer a plan that had twice the tax hikes that
president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the november jobs report numbers. they look very good, good news overall for the koirnlt tree. but speaker boehner said this, the...
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Dec 5, 2012
12/12
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FOXNEWSW
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isn't it similar, obama demonizing pay your fair share, pay a little more? >> the only reason he got elected is because people believe this. this is the point. it's easy to laugh at the idea that tax cuts make people rich. that's ludicrous. you would have to know nothing about economics to believe something that stupid, but here's the point. a lot of people do, and they do because of material like this. the fact that it's again produced by teachers, the very people we depend upon to educate our kids is horrifying. >> what is the difference between what the president is doing now in this fiscal cliff debate, what he did during the campaign, demonizing bain capital, evil mitt romney, etc., and what this is doing? i'm joking when i say i feel like going out and beating up a rich person. i can understand yeah, those people are horrible and evil. >> it's a zero sum game, and my gain is your loss. i got rich because you are poor. that's exactly what he's saying. >> we could have a really interesting conversation about the distribution of wealth, but he is spouting
isn't it similar, obama demonizing pay your fair share, pay a little more? >> the only reason he got elected is because people believe this. this is the point. it's easy to laugh at the idea that tax cuts make people rich. that's ludicrous. you would have to know nothing about economics to believe something that stupid, but here's the point. a lot of people do, and they do because of material like this. the fact that it's again produced by teachers, the very people we depend upon to...
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Dec 3, 2012
12/12
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KTVU
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. >> chris: president obama accusing republicans of being willing to raise taxes on 98% of americans, while speaker boehner says it is the president who is unwilling to compromise. and it is time for our sunday group, bill kristol of the weekly standard. mara liasson of national public radio, republican strategist ed rollins and former democratic senator evan byah. you heard for the last half-hour, tim geithner and john boehner, each say they are being reasonable and it is the other side's fault. bill you have been through your share of washington negotiations. what strikes you about what you heard today? >> geithner is in a stronger position, in the respect. the president is net and high can maneuver and say, $1.6 trillion and, they say, $1.1 trillion and speaker beginner has 235 members, and they don't hop to it when he decides to move, he's in a much tougher position structurally and we have seen the history of the show downs, the white house usually wins, and, the main reason why is, he is a unitary executive and, the majority party in congress is in a weaker position. >> chris: m
. >> chris: president obama accusing republicans of being willing to raise taxes on 98% of americans, while speaker boehner says it is the president who is unwilling to compromise. and it is time for our sunday group, bill kristol of the weekly standard. mara liasson of national public radio, republican strategist ed rollins and former democratic senator evan byah. you heard for the last half-hour, tim geithner and john boehner, each say they are being reasonable and it is the other...
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Dec 7, 2012
12/12
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MSNBCW
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and yesterday president obama met with a virginia family. tax hikes for the rich are nonnegotiable. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is for families like this one. >> joining me now is barry, msnbc political contributor and editor for grio. hello, guys. >> perry, i'm wondering if these new unemployment numbers add to the president's leverage? >> i think they do. the big thing is the election. but the jobs numbers suggest that the economy is doing well and it cuts against the republican argument that raising taxes on the rich with would hurt the economy and the economy is fragile. the numbers though that the economy is not fragile and that would improve the economy's leverage. he's still doing so many public events. he is trying to use that public pressure to sort of force the republicans to cut a deal. >> doing this public stuff but at the same time having these private talks with the
and yesterday president obama met with a virginia family. tax hikes for the rich are nonnegotiable. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is for families like this one. >> joining me now is barry, msnbc political contributor and editor for grio. hello, guys. >> perry, i'm wondering if these new unemployment numbers add to the...
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Dec 7, 2012
12/12
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MSNBCW
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president obama stayed on offense today, visiting the santana family in northern virginia whose taxes will go up more than $4,000 in 2013 if middle class tax cuts aren't extended. >> i'm encouraged to see that there's been some discussion on the part of republicans acknowledging the need for additional revenue. as i've indicated, the only way to get the kind of revenue for a balanced deficit reduction plan is to make sure that we're also modestly increasing rates for people who can afford it. folks like me. just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. >> the concerted effort from the white house is very clear. here's white house press secretary jay carney. >> what will produce a deal is an acknowledgement by republicans, republican leaders, that rates on the top 2%, the wealthiest americans, have to rise. there is no deal without that acknowledgement, and without a concrete, mathematically sound proposal -- >> but speaker boehner still insists he can get the revenue without raising rates? >> now, the reve
president obama stayed on offense today, visiting the santana family in northern virginia whose taxes will go up more than $4,000 in 2013 if middle class tax cuts aren't extended. >> i'm encouraged to see that there's been some discussion on the part of republicans acknowledging the need for additional revenue. as i've indicated, the only way to get the kind of revenue for a balanced deficit reduction plan is to make sure that we're also modestly increasing rates for people who can afford...